EOS, Stellar’s Lumen, and Tron’s TRX
For the day ahead
Stellar’s Lumen would need to move through the $0.07934 pivot to support a run at the first major resistance level at $0.08128.
Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.081 levels.
Barring another broad-based crypto rally, the first major resistance level would likely cap any upside.
Failure to move through the $0.07934 pivot level would bring the first major support level at $0.07644 into play.
Barring another extended crypto sell-off, however, Stellar’s Lumen should steer clear of the second major support level at $0.07451.
Looking at the Technical Indicators
First Major Support Level: $0.07644
First Major Resistance Level: $0.08128
23.6% FIB Retracement Level: $0.09280
38% FIB Retracement Level: $0.1333
62% FIB Retracement Level: $0.1989
Tron’s TRX
Tron’s TRX slipped by 0.24% on Wednesday. Partially reversing a 1.40% gain from Tuesday, Tron’s TRX ended the day at $0.026948.
It was another mixed start to the day. Tron’s TRX fell to a mid-morning low $0.02657 before making a move.
Finding support at the first major support level at $0.02661, Tron’s TRX rose to a late morning intraday high $0.027437.
Falling short of the first major resistance level at $0.02761, Tron’s TRX slid to an early afternoon intraday low $0.026413.
Tron’s TRX fell through the first major support level at $0.02661 before wrapping up the day at $0.0269 levels.
At the time of writing, Tron’s TRX was up by 0.42% to $0.02706. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.02679 before rising to a high $0.02714.
Tron’s TRX left the major support and resistance levels untested early on.
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